The River Edge housing market is somewhat competitive. The median sale price of a home in River Edge was $730K last month, down 30.5% since last year. The median sale price per square foot in River Edge is $494, up 34.4% since last year.
What is the housing market like in River Edge today?
In May 2025, River Edge home prices were down 30.5% compared to last year, selling for a median price of $730K. On average, homes in River Edge sell after 42 days on the market compared to 52 days last year. There were 5 homes sold in May this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$730,000
-30.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
River Edge, NJ
$730,000
-30.5%
United States
To compare other locations to the River Edge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. River Edge's median sale price is 100% higher than the national average. Overall cost of living in River Edge is 20% higher than the national average. Learn which home features in River Edge add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in River Edge
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How hot is the River Edge housing market?
River Edge is somewhat competitive. Homes sell in 66 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 6% above list price and go pending in around 66 days.
Hot homes
can sell for about 13% above list price and go pending in around 36 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
108.0%
-5.6 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
River Edge, NJ
108.0%
-5.6 pt
United States
River Edge Migration & Relocation Trends
In Feb '25 - Apr '25, 31% of River Edge homebuyers searched to move out of River Edge, while 69% looked to stay within the metropolitan area.
Where are people moving to River Edge from?
Across the nation, 3% of homebuyers searched to move into River Edge from outside metros.
Los Angeles homebuyers searched to move into River Edge more than any other metro followed by Vineyard Haven and Spokane.
Where are people from River Edge moving to?
69% of River Edge homebuyers searched to stay within the River Edge metropolitan area.
Miami was the most popular destination among River Edge homebuyers followed by Philadelphia and Boston.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
View houses in River Edge that sold recently
Recently sold homes
SOLD JUL 9, 2025
$721,000 Last Sold Price
3 beds
1 bath
—sq ft
247 Wayne Ave, River Edge, NJ 07661
Keller Williams Village Square Realty Coldwell Banker, Alpine/Closter
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on River Edge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in River Edge.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
River Edge has a moderate risk of flooding. 236 properties in River Edge are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in River Edge. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
River Edge has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. River Edge is most at risk from hurricanes. 3,506 properties in River Edge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.